Mergers and acquisitions lead to important changes in corporate governance including the constitution of a new board of directors and top management team (TMT). While there exists substantive research on TMT behavior of acquired firms, we know relatively little about the factors influencing...

Corporate governance lies at the heart of contemporary debates over internationalization and varieties of capitalism. Despite this growing attention to cross-national diversity, a unified comparative framework remains elusive. This article develops a theoretical model to describe and explain...

Multinational corporations, especially those with headquarters in the U.S., are often singled out as the flagship of globalization. Empirical research on the internationalization trends of U.S. MNCs' subsidiaries shows mixed findings regarding the rationale for the choice of foreign location. In...

This paper undertakes a comparative and historical analysis of the subsidiaries of a large US oil multinational to examine how each subsidiary reacted to nationalist policies by different types of political regimes, host country regime changes, and the relationship of the host country government...

This paper provides a multi-level theoretical model to understand why business organizations are increasingly engaging in corporate social responsibility (CSR) initiatives, and thereby exhibiting the potential to exert positive social change. Our model integrates theories of micro-level...

This paper proposes an alternative framework to understand enterprise unionism by emphasizing political dynamics and the role of the state in labor relations. Our framework delineates the strategic behavior patterns of the tripartite IR actors, and maintains that the initial period of the...

This paper analyzes data on the largest mergers and acquisition (M&A) announcements in the 1990s and the contextual factors that determine their completion or withdrawal. Drawing on institutional theory, we argue that the completion of an M&A is more likely to the extent that the institutional...

Intercorporate relations represent the structure of a country's economic organization and influence key outcomes such as a country's overall competitiveness. Research on this topic has focused on the nature of these relations in terms of directorship interlocks, the incentives to establish them,...